PAUL MURRAY and Frank Blin could be appointed to the club board by the end of the week which should see calls for an EGM dropped.

A TRUCE is expected to be called in the civil war for control of Rangers.

Record Sport understands an announcement is expected before the weekend which will see Paul Murray and Frank Blin appointed to the board of the Glasgow club immediately.

Entrepreneur Jim McColl and his rebel shareholders will now drop their demands for an EGM, having originally requisitioned the meeting in a bid to oust club chief executive Craig Mather, financial director Brian Stockbridge and director Bryan Smart.

The peace deal will avoid the need for £80,000 to be spent on an EGM ahead of the club’s AGM next month as the shareholders’ concerns, and any vote on possible changes to the board, will now be dealt with then.

It’s understood Mather, Stockbridge and Smart will remain in the boardroom for the time being at least while former chairman John McClelland could be set to be reappointed to his old role.

News of the truce brings an end to weeks of frantic behind-the-scenes talks following McColl’s decision to gather together those shareholders who wanted change at the very top of the Ibrox boardroom.

Amid fears over the way the club was being run, and how much cash was left in the coffers, McColl’s group had been keen to see former Blue Knight Murray and Blin, who was previously one of the top men at finance giants Pricewaterhousecoopers, appointed to the board.

The current board had said previously they would welcome the appointment of highly-respected accountant Blin but McColl and Co now have their wish of getting Murray, who was a director at Ibrox while David Murray was in charge, back to Rangers as well.

Discussions had been ongoing in recent weeks as the current board sought to avoid the need to splash out on an EGM and it emerged on Monday that the deadline for such an agreement had been extended to September 9.

The club also released a statement to the Stock Exchange on Monday insisting progress was being made in their bid to avoid an EGM and that aim has now been achieved.